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by cranium 2025 days ago
If you want to eyewitness an even tighter Ponzi scheme loop, look at YouTubers in the trading industry. Boats of them sell a course/book and use YouTube for marketing & ad money. Bonus points if they advertise beating the market.
1 comments

My college roommate followed this one guy and even bought his courses. He claimed he's made double his money since paying for his "insider trading tips" or whatever. My roommate claimed he was a self made millionaire.

I looked the guy up, he's just a college dropout whose parents owned a very successful real estate agency to which he was placed in. He then got absurd amounts of capital from the commissions only people like his parents could get.

My roommate believed this guy knew the ticket to wealth but all I saw was basically the xkcd comic of "but lottery tickets! It works!"